Brief: Burgerfi Says Q4 Sales Fell 7% To $34.6 Million

Burgerfi International

29/04/2021 12:39

April 29 (Reuters) - Burgerfi International Inc  BFI.O :
    * BURGERFI REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS
    * Q4 SALES FELL 7 PERCENT TO $34.6 MILLION
    * QTRLY SAME STORE SALES AT COMPANY OWNED RESTAURANTS
DECREASED 5%
    * QTRLY SYSTEMWIDE SALES DECREASED 7% TO $34.6 MILLION
COMPARED TO
$37.3 MILLION
    * OPTIMISTIC ABOUT ITS LONG-TERM PROSPECTS
    * STILL PLANS ON OPENING APPROXIMATELY 30 COMPANY AND
FRANCHISE
OPERATED RESTAURANTS IN 2021
    * SUSPENDING ITS FINANCIAL OUTLOOK FOR 2021
    * CONTINUING TO INVEST IN DIGITAL CAPABILITIES AND
INTRODUCING
MORE DRIVE-THRU LOCATIONS IN 2021

Source text for Eikon:  ID:nGNXbg8SjT 
Further company coverage:  BFI.O 

 ((Reuters.Briefs@thomsonreuters.com;))